People: Jul. 7, 1986

Her satin suit was cut up to here and down to there, her white cottontail jiggled provocatively, and her accomplishments included the "bunny dip," which enabled her to serve drinks without bending too far over. Thus the Playboy bunny, for 26 years the just-out-of-reach embodiment of the Playboy philosophy in Hugh Hefner's Key Clubs. But alas, what was once risque is now passe, not to mention money losing. This week Hefner is closing the three remaining (out of a high of 17) Playboy-owned clubs, in New York City, Chicago and Los Angeles. Reunions in the latter two last week brought out...